Bikita Minerals says it has almost doubled its petalite output since Sinomine took over the country’s oldest lithium mine in a US$180 million deal last year.
The company has also signed a US$24 million...
By Mukasiri Sibanda
For over a decade, reforms to the Mines and Minerals Act (MMMA), deemed a colonial piece of legislation, have proved elusive. This time around, can the new Mines and Minerals...
In 2000, Eureka Mine in Guruve stopped operations after Delta Gold left Zimbabwe. In 2018, Dallaglio, the mining arm of Pdenga Holdings, took over and invested over US$50 million. In 2021, the mine was brought back to...
Cement company PPC has played down social media rumours that it plans to sell its Zimbabwe unit, one of its most profitable divisions.
The company says it receives regular unsolicited offers for some...
By Nelson Banya
Zimbabwe’s central bank on Thursday said it will allow exporters, including miners, to keep 75% of their export earnings in foreign currency after the current cap of 60% drew complaints from...
Why is there a procession of large companies leaving the Zimbabwe Stock Exchange for the Victoria Falls Stock Exchange?
At launch, VFEX was sold as the destination for investors seeking exposure to foreign...
Delta Beverages enjoyed higher sales over the festive period as consumer spending remained resilient, but the company fears elections may brew more risks for the economy.
In the three months to December, lager volumes...
An investment that began eight years ago lifted Caledonia Mining to its highest ever gold output in 2022, and the company expects more growth ahead after three recent acquisitions.
Gold output from the company’s...
Caledonia Mining has completed the takeover of Bilboes Gold, a transaction that takes it a step closer to becoming the country’s biggest gold producer.
The transaction involves the transfer of 5,123,044 shares. Based on...
Ground conditions have forced Invictus Energy to abandon operations at its first drilling site, a reflection of the brave yet expensive risks that investors take on gas and oil exploration.
In simple terms, Invictus...
